PPP Loan information for Community development center

$85,500

Community development center was initially approved for PPP Loan of amount $290,446, the current approved amount is $85,500. The loan was approved on 04/27/2020 by The First Community Bank of Tennessee reported 46 jobs and $85,500 was used to fund payroll.

Community development center is Existing or more than 2 years old

PPP Loan Search / TN / SHELBYVILLE / Community development center

COMMUNITY DEVELOPMENT CENTER

Date Approved

04/27/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

COMMUNITY DEVELOPMENT CENTER

Borrower Address

111 EAGLETTE WAY

Borrower City

SHELBYVILLE

Borrower State

TN

Borrower Zip

37160-9263

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

290445.70

Current Approval Amount

85500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112399

Servicing Lender Name

First Community Bank of Tennessee

Servicing Lender Address

207 Elm St

Servicing Lender City

SHELBYVILLE

Servicing Lender State

TN

Servicing Lender Zip

37160-2813

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHELBYVILLE

Project County Name

BEDFORD

Project State

TN

Project Zip

37160-9263

CD

TN-04

Jobs Reported

46

NAICS Code

624120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8550.00

Payroll Proceed

64125.00

Mortgage Interest Proceed

12825.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

112399

Originating Lender

First Community Bank of Tennessee

Originating Lender City

SHELBYVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

85958.38

Forgiveness Date

11/17/2020

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